From the FT today: 𝙏𝙝𝙚 𝙐𝙆 𝙚𝙘𝙤𝙣𝙤𝙢𝙮 𝙞𝙨 𝙞𝙣 𝙖 𝙫𝙪𝙡𝙣𝙚𝙧𝙖𝙗𝙡𝙚 𝙥𝙤𝙨𝙞𝙩𝙞𝙤𝙣 𝙞𝙛 𝙩𝙝𝙚𝙧𝙚 𝙞𝙨 𝙖 𝙜𝙡𝙤𝙗𝙖𝙡 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙤𝙬𝙣𝙩𝙪𝙧𝙣. Post-financial crisis and pandemic struggles have only been worsened by unpredictable U.S. policies.𝗨𝗞 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗴𝗿𝗼𝘄𝘁𝗵 𝗵𝗮𝘀 𝗰𝗼𝗹𝗹𝗮𝗽𝘀𝗲𝗱. Between 2007 and 2024, UK...

𝙀𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙚𝙫𝙚𝙣𝙩𝙨 𝙘𝙖𝙣 𝙖𝙛𝙛𝙚𝙘𝙩 𝙧𝙖𝙩𝙚𝙨 𝙤𝙛 𝙚𝙣𝙩𝙧𝙚𝙥𝙧𝙚𝙣𝙚𝙪𝙧𝙨𝙝𝙞𝙥 𝙖𝙣𝙙 𝙨𝙝𝙖𝙥𝙚 𝙩𝙝𝙚 𝙙𝙚𝙢𝙖𝙣𝙙 𝙛𝙤𝙧 𝙡𝙤𝙘𝙖𝙡 𝙚𝙣𝙩𝙚𝙧𝙥𝙧𝙞𝙨𝙚 𝙨𝙪𝙥𝙥𝙤𝙧𝙩The economic cycle can affect entrepreneurship rates. The 2022 GEM survey for the UK found that the market uncertainty caused by macroeconomic policy mistakes of the...

𝙏𝙝𝙚 𝙜𝙡𝙤𝙗𝙖𝙡 𝙚𝙘𝙤𝙣𝙤𝙢𝙮 𝙞𝙨 𝙜𝙤𝙞𝙣𝙜 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙖 𝙘𝙧𝙞𝙨𝙞𝙨.I've closely monitored three major recessions in my career now. The main things to remember are:- Don't rely on official statistics to define and inform the economic picure so much as they lag behind current event by quite...